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We estimate international technology spillovers to U.S. manufacturing firms via imports and foreign direct investment (FDI) between 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to substantial productivity gains for domestic firms. The size of FDI spillovers is...
Persistent link: https://www.econbiz.de/10014403965
This paper studies the effect of foreign direct investment (FDI) on the transmission of international business cycles. I document for the G7 countries between 1991 and 2006 that increases in bilateral FDI linkages are associated with more synchronized investment cycles. I also find that the...
Persistent link: https://www.econbiz.de/10010482488
This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial factors. An important distinction in this literature is the one between absolute and relative location. The literature on absolute location predominantly uses non-spatial...
Persistent link: https://www.econbiz.de/10011342567
This paper aims to extend the literature on the impacts of China's policies on the world energy-growth nexus by … applied to annual series data from 1977 to 2016. Models for four world regions were developed, as well as a global model. The … support that China's CO2 emission and financial development promote world energy consumption. In regard to the four world …
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